Black Max SCALPER EA MT4 v2.2 with SetFiles | Unbounded

What is Black Max SCALPER EA MT4?

Black Max SCALPER EA MT4 is an automated Expert Advisor (EA) designed for structured Forex scalping and intraday profit capture. It combines a Fibonacci-based lot progression system, grid-style trade management, and dynamic trailing logic to optimize short-term price movements while maintaining disciplined risk control.
Built with spread filters, session timing controls, drawdown management, and basket-based exit logic, this scalping EA focuses on adaptive automation and capital protection. It is suitable for traders seeking systematic intraday grid trading with controlled exposure and customizable parameters.

Vendor website

Main Features of Black Max SCALPER EA MT4

• Intraday Grid Scalping Model: Targets small price fluctuations within defined trading sessions.
• Fibonacci Lot Progression: Gradual lot growth using sum-based calculation for smoother scaling.
• Maximum Open Position Control: Caps active trades to limit excessive grid expansion risk.
• Spread & Session Filters: Executes trades only during predefined hours and acceptable spread conditions.
• Dynamic Basket Profit Logic: Closes grouped positions collectively based on target profit coefficients.
• Selective Trailing System: Applies trailing stop logic to extreme grid positions for optimized exits.
• Slippage & Execution Management: Balances entry precision with fast-moving market conditions.

Additional Features

• Structured Fibonacci Scaling: Increases exposure progressively without aggressive lot jumps.
• Drawdown Control Coefficients: Internal recovery and protection parameters enhance stability.
• Customizable Risk Settings: Adjustable profit targets, drawdown levels, and grid parameters.
• Capital Protection Focus: Spread limits and trade caps reduce overexposure risk.
• Basket-Based Exit Framework: Aggregates positions into a unified profit management model.
• Session-Based Precision Trading: Avoids low-liquidity hours and rollover volatility.
• Marketplace-Ready Structure: Designed for disciplined traders seeking structured automation.

Why Choose Black Max SCALPER EA MT4?

• Structured Fibonacci Scaling: Increases exposure progressively without aggressive lot jumps.
• Drawdown Control Coefficients: Internal recovery and protection parameters enhance stability.
• Customizable Risk Settings: Adjustable profit targets, drawdown levels, and grid parameters.
• Capital Protection Focus: Spread limits and trade caps reduce overexposure risk.
• Basket-Based Exit Framework: Aggregates positions into a unified profit management model.
• Session-Based Precision Trading: Avoids low-liquidity hours and rollover volatility.
• Marketplace-Ready Structure: Designed for disciplined traders seeking structured automation.

Black Max SCALPER EA MT4 Verified Profitable By MyFxBook

🔺XAUUSD (Gold)  – 2 Months

• Initial Deposit: 10,000 USC
• Total Gain: +44.08%
• Average Daily Profit: 0.89%
• Average Monthly Profit: 31.12%
• Maximum Drawdown: 7.44%

Black Max SCALPER MT4 Myfxbook

Black Max SCALPER EA Myfxbook

How To Set Up EA

🔻

Black Max SCALPER EA MT4 setting

Step 1: Install MetaTrader 5

1. Download MetaTrader 5 from your broker.
2. Install and log into your trading account.
3. Enable Algo Trading from the top toolbar.

Step 2: Add BlackMax SCALPER EA to MT5

1. Open MT5.
2. Click File → Open Data Folder.
3. Navigate to:
   • MQL5 → Experts
4. Copy the file BlackMax SCALPER EA v2.2_fix.ex5 into the Experts folder.
5. Restart MetaTrader 5.

Step 3: Attach the EA to a Chart

1. Open your preferred trading pair.
2. Select your recommended timeframe (commonly M5 or M15 for scalping).
3. Go to Navigator → Expert Advisors.
4. Drag BlackMax SCALPER EA v2.2_fix onto the chart.
5. Enable:
   • ✔ Allow Algo Trading
   • ✔ Allow DLL Imports (if required)
6. Click OK to activate.

🟢Recommended Settings for BlackMax SCALPER EA

• Below are the default optimized parameters based on the provided configuration:

🔺Core Trading Parameters

Parameter	Recommended Value
Fixed Lot Size (Starting Lot)	0.01
Maximum Allowed Spread	70
Identifier	334
Order Comment	BlackMax Scalper
Allowed Slippage	10 points

🔺Trading Time Settings

• Trading Start Time: 01:00
• Trading End Time: 22:00
• Pause After Loss: 0 (No pause)

➡️This allows near full-session trading with risk control flexibility.

🟢Risk & Position Management

• Maximum Open Positions: 10
• Coefficient for Maximum Drawdown: 200000.0
• Coefficient for Profit Target: 220.0

➡️These values control overall capital risk and global profit handling.

🟢Lot Calculation System

• Lot Calculation Method: Fibonacci (sum of two previous lots)
• Multiplier for Lot Size: 1.3

➡️Important: Fibonacci lot scaling increases risk. Use a small starting lot (0.01 recommended) and sufficient account balance.

🟢Trailing Profit System

• Profit Trailing Percentage: 7%
• Enable Trailing Only on Two Extreme Positions: True

➡️This helps secure profits during strong market moves.

🟢How to Optimize BlackMax SCALPER EA

🔺To improve performance:

1. Press Ctrl + R to open Strategy Tester.
2. Select BlackMax SCALPER EA.
3. Choose your symbol and timeframe.
4. Run backtests over 1–3 years of data.
5. Optimize:
   • Spread filter
   • Multiplier
   • Profit coefficient
   • Maximum open trades

➡️Always test on a demo account before live trading.

🟢Best Practices for BlackMax SCALPER EA MT5

• Use a low-spread broker (critical for scalping).
• Run the EA on a VPS for stable execution.
• Keep starting lot small.
• Avoid trading during major news events.
• Monitor drawdown weekly.

🟢Common Issues & Fixes

🔺EA Not Opening Trades?

• Check spread is below 70.
• Ensure Algo Trading is enabled.
• Confirm trading time window is active.
• Verify broker allows scalping strategies.

🔺High Drawdown?

• Reduce multiplier.
• Lower maximum open positions.
• Use smaller starting lot.

What’s Included in the Download Package?

• Experts: BlackMax SCALPER EA v2.2_fix.ex4
• SetFiles: XAUUSD_Signal_Lotsize0.01.set

>>> Join VIP Membership Now <<<

Conclusion

In summary, the Black Max SCALPER EA MT4 is a structured intraday grid scalping system built for disciplined Forex and Gold trading on MetaTrader 4. By incorporating Fibonacci-based lot progression, controlled grid expansion, basket-level profit management, and selective trailing stop-loss logic, it aims to capture short-term price movements while maintaining an organized level of risk.
With built-in spread filters, session time control, drop factor, and maximum open position limits, the Black Max SCALPER EA MT4 focuses on balancing profit potential with capital protection. Its verified performance on Myfxbook on XAUUSD further highlights its ability to deliver consistent profits under managed risk conditions.

>>> Reviewed by Jason Stap <<<